Brecksville, Ohio Estate Planning and Business Lawyer Explains Estate Planning Strategies for Small Business Owners

On March 29, 2018, at 4:30 PM, at 7650 Chippewa Road, Suite 214, Brecksville, Ohio 44141, Eric Valente, from Valente Law, is hosting a 1 hour round table discussion regarding estate planning strategies for small business owners. Mr. Valente is a lawyer who practices in estate planning and business law, and he will discuss how these concepts uniquely affect business owners.

Estate Planning Strategies for Small Business Owners:

The following strategies will be discussed at the event:

Maintaining Business Operations

Estate planning strategies for business owners should address who can manage the business if something happens to the owner. Therefore your trust should account for the successor trustee's management or the appointment of an interim CEO.

Asset Protection

Small business owners tend to get sued more often than average, so they should consider asset protection options. Business owner are targets for litigation and allegations from business counterparts and creditors. However, asset protection trusts, LLCs and other options can protect assets from unnecessary risk.

Making Sure Your Loved Ones are Protected

The main concern of most people, business owners included, is caring for their families in their estate planning. Therefore, it is extremely important to ensure funds are available for your families care, but also protected for their long term benefit

Advanced Estate Planning with Trusts

Revocable Living Trusts are great estate planning tools that most business owners should utilize. This is because a Trust allows you to avoid having a probate estate, maintains privacy of your assets and debts and family, makes things much less stressful and more cost effective.

These concepts and many others will be discussed at the round table discussion. Additionally, Mr. Valente will welcome questions and dialogue from the attendees. This is an absolutely free event, and is offered as a way to meet and help business owners in Brecksville, Ohio.